1606 (CBDW) Asset Utilization Ratio (2022 - 2024)

1606 (CBDW) posted quarterly Asset Utilization Ratio of 0.27 for Q4 2024, up 2787.82% YoY from 0.01 in Q1 2024, and up 340.82% sequentially from 0.06 in Q3 2024.

1606 (CBDW) Asset Utilization Ratio (2022 - 2024) Analysis & Trends

1606 has disclosed Asset Utilization Ratio across 3 years of filings, most recently posting 0.27 for Q4 2024.

  • In Q4 2024, Asset Utilization Ratio rose 2787.82% year-over-year to 0.27; the TTM figure through Dec 2024 stood at 0.27 (up 2787.82% YoY), while the FY2024 annual figure was 0.09, up 976.68% from the prior year.
  • Asset Utilization Ratio improved to 0.27 in Q4 2024, from 0.06 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for CBDW reached as high as 0.58 in Q1 2022 and fell as low as 0.01 in Q4 2023.
  • The 3-year median for Asset Utilization Ratio is 0.06 (2024), against an average of 0.13.
  • Annual changes were most pronounced in 2023 — Asset Utilization Ratio plunged 94.62% — and 2024, when it surged 2787.82%.
  • A 3-year view of Asset Utilization Ratio shows it stood at 0.08 in 2022, then slumped by 88.52% to 0.01 in 2023, then soared by 2787.82% to 0.27 in 2024.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.27, 0.06, and 0.04 for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn 0.67
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn 0.27
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn 0.63
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn 1.01
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn 1.12
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn 0.26
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00 0.05
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00 1.15
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn 2.19
10 1606 0.00 -9,041.00 - -

Historic Data

Download Data
DateValue
Dec 31, 2024 0.27
Sep 30, 2024 0.06
Jun 30, 2024 0.04
Mar 31, 2024 0.05
Dec 31, 2023 0.01
Sep 30, 2023 0.01
Jun 30, 2023 0.02
Mar 31, 2023 0.03
Dec 31, 2022 0.08
Sep 30, 2022 0.18
Jun 30, 2022 0.26
Mar 31, 2022 0.58